2074 Commerce Dr, Medford, OR 97504

Merit Commercial Real Estate leased a pair of brand-new small-bay contractor garages in north Medford in 2024-2025. The pristine industrial studios included 1,035 SqFt of enclosed space with a private half-bathroom, 17'+ clear heights, 14' overhead door, and radiant gas heat in a new steel-frame warehouse.

The achieved rents of $1.25/SF/Month ($15.00/SF/Yr) on a triple net basis, set what appeared to be a market record for small industrial lease space.

The location - being ±2 minutes to Lowe's and Walmart - as well as thoughtful layouts and designs of the subject property, combined with Merit's step-by-step marketing processes allowed the landlord to quickly fill the building on 2+ year, personally guaranteed leases.